day trading strategy

As a day trader, what should you do when the markets close early due to very high volatility? Well, not trade because you can’t. There are multiple levels, or “triggers,” with responses: Level 1: triggered when S&P falls 7%, trading halt for 15 min.Level 2: triggered when S&P drops 13%, trading halt (again) for 15 min.Level 3: triggered when S&P drops 20%, trading stops for the day. Back in 1987, a the Dow crashed 22.6% in a single day. Regularly, we have seen similar crashes. As demonstrated in the video, it’s still very possible to trade these conditions via the Trade Scalper and Atlas Line. Note that with the Trade Scalper, you may want to use a 1-Min chart instead of a 2-Range. The 2-Range may simply move too fast to get a sense of what’s going on and what ATM Strategy (predefined profit target and stop loss) you should apply. How long will the markets behave erratically? There’s talk of eventually switching to a gold or silver standard in order to replace a long-corrupted fiat financial system with corrupt global controllers. If this is true, the situation would need delicate handling and stimulus money in the hands of citizens to help recover from livelihood damage/costs. There is also talk of standardizing an official U.S. form of cryptocurrency. Of course, these may simply be wild ideas and we may simply go back to our traditional forms of currency once the virus is deemed non-threatening. What do you think? John PaulJohn Paul is the founder of DayTradeToWin, a trading education and software company established in 2008, supporting traders worldwide. His expertise focuses on price action-based futures trading strategies and structured market analysis. DayTradeToWin delivers trading education, indicators, and software tools designed to help traders apply disciplined, rule-based decision-making across global futures markets. He is the creator of multiple trading methodologies, including the Sonic System, Atlas Line, and Trade Scalper, which help traders identify structured opportunities in markets such as the E-mini S&P 500 (ES), Nasdaq (NQ), crude oil (CL), and gold (GC). Official website: https://daytradetowin.com daytradetowin.com

As experienced traders know, markets can become too volatile to trade. Conversely, markets can be too slow and have no direction. We like when markets have some direction, as this allows profit target to be reached. The thing is, you need a reliable trading system. In this video, the Atlas Line trading software is used to trade the MES (Micro E-mini). Want to see a full day’s worth of price action signals? Jump to 3:27 in the video. In addition to the regular Long and Short signals, the Atlas Line produces Strength (S) and Pullback (P) signals. These present other opportunities. When the markets are volatile, you may want to avoid these smaller signals and use the main signals instead. The Atlas Line itself is the diagonal, dashed line on the chart. It begins plotting early in the day and continues to extend throughout. When price closes twice above or below the line, a Long or Short signal will appear. This is when you use your SuperDOM or Chart Trader to place a trade. The full rules are explained in the training video you get with purchase as well as a live training session. If you prefer to learn all of the DayTradeToWin trading methods, enroll in the eight-week Mentorship Program. The curriculum is designed to take traders of all skill levels through an educational journey. By the end of the program, you should have a full go-to plan for handling the markets daily. John PaulJohn Paul is the founder of DayTradeToWin, a trading education and software company established in 2008, supporting traders worldwide. His expertise focuses on price action-based futures trading strategies and structured market analysis. DayTradeToWin delivers trading education, indicators, and software tools designed to help traders apply disciplined, rule-based decision-making across global futures markets. He is the creator of multiple trading methodologies, including the Sonic System, Atlas Line, and Trade Scalper, which help traders identify structured opportunities in markets such as the E-mini S&P 500 (ES), Nasdaq (NQ), crude oil (CL), and gold (GC). Official website: https://daytradetowin.com daytradetowin.com

If you trade the E-mini S&P 500 or any market on CME Globex, you should take a look at their 2020 calendar. On or around certain holidays, markets can close prematurely. You probably don’t want to have an open position at the time of a halt. Also, the markets may experience increased volatility or a lack thereof. Yes, uncommon volatility often surrounds trading holidays. Below, we note early or full daily closures for listed CME Group equity index product holidays. Dr. Martin Luther King, Jr. DayJan. 20, 2020: HALT @ 1 p.m. ET President’s DayFeb. 17, 2020: HALT @ 1 p.m. ET Good FridayApr. 10, 2020: CLOSED Memorial DayMay 25, 2020: HALT @ 1 p.m. ET Independence DayJul. 4, 2020: CLOSE @ 1 p.m. ET Labor DaySep. 7, 2020: HALT @ 1 p.m. ET ThanksgivingNov. 26, 2020: HALT @ 1 p.m. ET ChristmasDec. 24, 2020: CLOSE @ 1:15 p.m. ETDec. 25, 2020: CLOSED New Year’sJan. 1, 2021: CLOSED John PaulJohn Paul is the founder of DayTradeToWin, a trading education and software company established in 2008, supporting traders worldwide. His expertise focuses on price action-based futures trading strategies and structured market analysis. DayTradeToWin delivers trading education, indicators, and software tools designed to help traders apply disciplined, rule-based decision-making across global futures markets. He is the creator of multiple trading methodologies, including the Sonic System, Atlas Line, and Trade Scalper, which help traders identify structured opportunities in markets such as the E-mini S&P 500 (ES), Nasdaq (NQ), crude oil (CL), and gold (GC). Official website: https://daytradetowin.com daytradetowin.com

What if you could predict when big sell-offs are about to occur? While no trading strategy can guarantee performance, you are invited to look at the Atlas Line signals from DayTradeToWin. A variety of chart time frames are used: 5-Min, 1-Min, and 10-Second. Try practicing in simulated mode first so you know what timeframe matches your speed. The Atlas Line software can work across a variety of chart types. The Atlas Line software typically focuses on holding positions for about 20 minutes maximum if a profit target or another stop loss is not hit. Of course, you can experiment and hold a position for longer, such as during a forecasted bearish fall. Recent market activity with well-defined ups and downs has made it slightly easier, in our opinion, to feel more confident holding trades longer. When long periods of high volatility occur, we can switch to a day chart and note levels of historical support and resistance. This video identifies such periods. Remember, markets typically fall faster than they rise. High-frequency trading algorithms compete with one another (as well as retail traders) causing hand-over-hand races to the bottom with only “circuit breaker” activity in play to halt highly volatile events. However, you can review this video to learn how to make this activity work for you. Holding positions longer requires more risk margin, so be sure to check your finances and broker capabilities prior to any significant trading changes. John PaulJohn Paul is the founder of DayTradeToWin, a trading education and software company established in 2008, supporting traders worldwide. His expertise focuses on price action-based futures trading strategies and structured market analysis. DayTradeToWin delivers trading education, indicators, and software tools designed to help traders apply disciplined, rule-based decision-making across global futures markets. He is the creator of multiple trading methodologies, including the Sonic System, Atlas Line, and Trade Scalper, which help traders identify structured opportunities in markets such as the E-mini S&P 500 (ES), Nasdaq (NQ), crude oil (CL), and gold (GC). Official website: https://daytradetowin.com daytradetowin.com

Do you know the differences among the various order types commonly used in day trading? Do you know when it’s better to use a stop limit order as compared to a market order? Don’t worry – many traders don’t know the differences. Good news – we have a video for you that explains all of the common order types and when to use them. You may find that MIT orders, for example, reduce risk based on your style of trading. Depending on your trading platform, most if not all of these order types should be available. Choose what works best whether buying or selling. If you’re one of those traders who are content just placing plain old market orders, you can definitely learn a few tricks from this video. We place orders using the NinjaTrader SuperDOM. You could use ChartTrader, but our opinion is that it limits features. The SuperDOM represents a number of prices. The current price appears in yellow. You’ll see the buyers and sellers for each price providing your data feed provides something called Level 2 market data. The market should seek a balance among buyers and sellers. Sometimes, you’ll want to enter a trade (aka place an order) a certain price “or better.” The “or better” means a more favorable price. If your selling the market, or “going short,” your trading indicator or strategy may advise getting into a position when price reaches a specific value. Using the right order type along with an ATM Strategy is a great way to make trading happen seamlessly. In case you don’t know, an ATM Strategy is simply a preconfigured stop loss and profit target. Yes, more stuff can be configured, but we generally create a few of these to switch between in the heat of the moment (when a signal has just fired off the Atlas Line, Trade Scalper, etc.). John PaulJohn Paul is the founder of DayTradeToWin, a trading education and software company established in 2008, supporting traders worldwide. His expertise focuses on price action-based futures trading strategies and structured market analysis. DayTradeToWin delivers trading education, indicators, and software tools designed to help traders apply disciplined, rule-based decision-making across global futures markets. He is the creator of multiple trading methodologies, including the Sonic System, Atlas Line, and Trade Scalper, which help traders identify structured opportunities in markets such as the E-mini S&P 500 (ES), Nasdaq (NQ), crude oil (CL), and gold (GC). Official website: https://daytradetowin.com daytradetowin.com

Have you skipped the webinar video of live trading? Most traders are sitting in and watching in real-time the signals occur. John Paul goes into the details and answers the audience’s questions. Watch below the replay. The presentation starts with a general description of the markets provided by John Paul. So, if you missed the live webinar video, here is your chance to review the trades taken, the questions and answers are given, and the webinar’s explanations for each trade were over an hour and broken down into three parts. Here are the covered for part 1: Types of orders, Phantom orders, Live Trade Scalper orders, Questions, and answers. While, for part 2: Order types, Phantom orders, Atlas Line Live Trade, Trade Scalper Live Trades Taken, Filtering Trades, Q & A If you want to know more, you can watch the video here: http://daytradetowin.com/blog/ Moreover, for tutorials about the day trading visit us here: https://daytradetowin.org/tutorials/ John PaulJohn Paul is the founder of DayTradeToWin, a trading education and software company established in 2008, supporting traders worldwide. His expertise focuses on price action-based futures trading strategies and structured market analysis. DayTradeToWin delivers trading education, indicators, and software tools designed to help traders apply disciplined, rule-based decision-making across global futures markets. He is the creator of multiple trading methodologies, including the Sonic System, Atlas Line, and Trade Scalper, which help traders identify structured opportunities in markets such as the E-mini S&P 500 (ES), Nasdaq (NQ), crude oil (CL), and gold (GC). Official website: https://daytradetowin.com daytradetowin.com